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A 5% bond has a basis of 6% and a yield of 7% if called in 4 years. If the bond trades at 90,

A 5% bond has a basis of 6% and a yield of 7% if called in 4 years. If the bond trades at 90, how much ANNUAL interest would an investor who owns 10 of these bonds receive? $450 $500 $600 $700

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